Downward wedge patterns have been noticed on October 19 for the stocks Warnaco Group Inc, Cirrus Logic Inc, Youku.com Inc, NuStar GP Holdings, LLC, and Zipcar, Inc. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.
Shares of Warnaco Group Inc (WRC) fell by 2.83% or $-1.31/share to $45.04. In the past year, the shares have traded as low as $40.08 and as high as $65.01. On average, 1195950 shares of WRC exchange hands on a given day and today's volume is recorded at 442519.
Shares of Cirrus Logic Inc (CRUS) fell by 5.06% or $-0.91/share to $17.09. In the past year, the shares have traded as low as $12.39 and as high as $25.48. On average, 2663020 shares of CRUS exchange hands on a given day and today's volume is recorded at 2702197.
Shares of Youku.com Inc (YOKU) fell by 3.07% or $-0.62/share to $19.55. In the past year, the shares have traded as low as $13.76 and as high as $69.95. On average, 3941700 shares of YOKU exchange hands on a given day and today's volume is recorded at 1054285.
Shares of NuStar GP Holdings, LLC (NSH) fell by 0.52% or $-0.16/share to $30.5. In the past year, the shares have traded as low as $27.94 and as high as $38.90. On average, 110370 shares of NSH exchange hands on a given day and today's volume is recorded at 34747.
Shares of Zipcar, Inc (ZIP) fell by 2.31% or $-0.41/share to $17.34. In the past year, the shares have traded as low as $16.50 and as high as $31.50. On average, 310730 shares of ZIP exchange hands on a given day and today's volume is recorded at 187571.
